Settings8H · net · $10k
Funding arb · Price arb /

NXPC

all NXPC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.016%
Price spread now: Hyperliquid against KuCoin−0.227%7-day average −0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$483as in the Funding arb table
Net, price: spread back to 7d avg − costs−$497as in the Price arb table
costs, in and out, $10k−$4804.804% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.026%−$3 on $10k
Price spread, last 4 days (all we have)+0.210%+$21 · spread now −0.227%, 7d avg −0.065%
Together, before fees+0.184%+ Points / potential airdropHyperliquid: Season 2 · farm board+$18 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.161% cheaper against KuCoin than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of −0.065%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin NXPCUSDTM0.24690.0100pay 0.0050% / 4h1h 59m$561K$173K50x
ShortHyperliquid NXPC0.24630.0100get 0.0013% / 1h59m 30s$391K$395K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.227% → −0.065%
−$16.15
Slippage, 4 orders
−$459.43
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$496.58
Costs to cover
4.804%
Break-even
never at this rate
Slippage from KuCoin: live order book, 59 min ago; Hyperliquid: live order book, 70 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 59 min ago8.17 bp230.4 bp −$230doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 70 min ago6.10 bp29.9 bp −$30doesn't fitdoesn't fitdoesn't fit

NXPC on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX NXPC-USDT+0.0070%4h0.2466−0.122%$6.6Mas long as short
Hyperliquid NXPCshort+0.0100%1h0.2463−0.227%$391K$395K3x
Binance NXPCUSDT+0.0100%4h0.2466−0.122%$4.6M$8.1M50xas long as short
Bybit NXPCUSDT+0.0100%4h0.2465−0.162%$1.2M$2.6M25xas long as short
Gate NXPC_USDT+0.0100%8h0.2466−0.122%$75K$273K50xas long as short
MEXC NXPC_USDT+0.0100%4h0.2466−0.122%$497K$250K100xas long as short
KuCoin NXPCUSDTMlong+0.0100%4h0.2469long leg$561K$173K50x
Bitget NXPCUSDT+0.0100%4h0.24690.000%$453K$943K50xas long as short
Variational Omni NXPC+0.0100%4h0.2466−0.120%$29K$2Kas long as short
ApeX Omni NXPCUSDT+0.0100%1h0.2470+0.041%$18K$637K50xas long as short